**Standout Features:**
- Substantial semi-detached Tudor Revival home
- Nine double bedrooms
- Currently let with an annual rental income of £37,200
- Modern kitchen and updated bath/shower room
**Concerns:**
- Crime rate in the area is high
- Some potential renovations needed due to older construction (no insulation assumed)
This impressive Tudor Revival home is a distinctive offering for investors seeking rental income or families needing extensive space. Boasting nine generously sized double bedrooms and communal living areas, the property currently generates a robust rental income of £3,100 in the first year, rising to £3,300 in the final year of the lease.
With its well-maintained interiors, modern kitchen and bathroom fittings, and large garden—perfect for outdoor leisure—this property provides a fantastic foundation for family life or continued investment potential. The tarmac forecourt allows for ample off-street parking, while its inner-city location ensures easy access to local amenities and Birmingham city center, just two miles away.
However, prospective buyers should be mindful of the high crime rate in the area and consider the property's older construction which may require updates, particularly regarding insulation. With a guide price between £470,000 and £500,000, this auction opportunity is one not to be missed for those looking to capitalize on space and neighborhood accessibility. Secure your chance to invest in a growing area with comfort and potential!